Short-sighted David Moyes error has cost West Ham United a potential £109.5 million windfall.
In all fairness, West Ham manager David Moyes has had a fairly good record in the transfer market since retuning to the London Stadium.
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However, the Hammers boss had allowed a few top-class players to slip through his fingers.
One of those is Moises Caicedo. The 21-year-old midfielder has just completed a £115 move to Chelsea from Brighton (The Guardian).
However, back in 2021, West Ham could have signed Caicedo for just £5.5 million from Independiente del Valle. And the decision not to pursue a move for the Ecuadorian now looks like a terrible one…
Short-sighted David Moyes error has cost West Ham a potential £109.5 million windfall
Had Moyes showed a little bit more foresight back in 2021, the Hammers would now be seriously quids in.
Caicedo is an elite player. We would have had him playing alongside Declan Rice for the past two seasons, and that could have been enough to qualify for the Champions League.
Chelsea would then have signed him from us this summer for £115 million, rather than Brighton – leaving us £109.5 million in profit.
Moyes needs to understand that sometimes, signing unproven players can yield huge rewards in the future.
If we want to be a sustainable club going forward, it means that we have to take risks on young players who could eventually reach the big time.
That said, that will also mean that we will have to become a selling club (just like Brighton), in order to make the model work. So there is a fine balance that must be found by the Hammers boss.
It just pains me that David Moyes didn’t take a punt and bring Moises Caicedo to West Ham two years ago.
We’d certainly be in a stronger position now financially if he had done.
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